You may not need as much as you think for your downpayment. While many people believe it’s still necessary to put down 20% when buying a home, that isn’t the case. While there ARE benefits to putting down the traditional 20% or more, it may not be required.
Recent home buyers actually put down far less on their purchase. In fact, lower down payment programs are making home ownership much more affordable for new home buyers, with programs like FHA, VA and USDA loans, some qualified buyers are able to purchase a home with 0% down.
Let’s connect and find out if you’re ready to buy a home sooner rather than later.